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AviationMedium impactPre-market

IndiGo parent shares drop 4% after Citi target price cut

pre-market1 source ↓written by the desknot a recommendation

after Citi reduced
4%
to ₹5
10.5%
from the previous
17%

Shares of InterGlobe Aviation Limited fell nearly 4% after Citi reduced its target price by 10.5% to ₹5,100 from ₹5,700. Despite this, Citi maintained a buy rating, indicating a potential upside of 17% from the previous closing price. The airline has faced operational challenges due to geopolitical issues and stricter flight duty regulations.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 13 Mar 2026, 07:10 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

INDIGO closed −2.2% on the day of the news, from ₹4,251.70 to ₹4,158.20; Nifty −2.1% over the same session; futures OI +0.1%.

Bulletin at 07:10 IST on 13 Mar 2026. Every change is measured from ₹4,251.70, the last close before it, on 12 Mar. Nifty 50 is measured over the same sessions.

  • INDIGO close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
INDIGO closes around the bulletin against the close before the news, with Nifty 50 rebased to it384542524658axis spans 21%before the news · 12 Mar4252Nifty 50INDIGObulletinD0+1+3+56 Mar18 Mar30 MarFutures open interest, lotspeak 68,000Reference close ₹4,251.70. 16 sessions from 6 Mar to 30 Mar; the price axis spans 21 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before12 Mar₹4,251.70basebase
On the day13 Mar₹4,158.20▼ −2.2%▼ −2.1%−0.1 pp difference
+1 session16 Mar₹4,222.10▼ −0.7%▼ −1.0%+0.3 pp difference
+3 sessions18 Mar₹4,360.60▲ +2.6%▲ +0.6%+2.0 pp difference
+5 sessions20 Mar₹4,149.10▼ −2.4%▼ −2.2%−0.2 pp difference
Gap at the open, % · ₹
▼ −0.6%−25.51 on 13 Mar
Day's range, % · ₹
2.5%≈ 100 high to low
Volume on the day
1.26×the 20-session average
Futures OI on the day
▲ +0.1%+58 lots · short build-up · price −2.2%
Futures OI open, lots
65,00013 Mar · 30 Mar expiry
Futures premium, ₹
+1.000.0% to spot
Puts per call, by OI
0.50from 0.54 the session before
Max pain
4,400from 4,400 the session before

Source NSE UDiFF bhavcopy · INDIGO on the desk →

Thread · INDIGOAll INDIGO bulletins →

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